Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

ServiceNow Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Accounts payable	211)	309)	68)	165)	296)	223)	126)	69)	171)	228)	274)	195)	265)	166)	89)	64)	98)	109)	34)	51)	86)	74)
Accrued expenses and other current liabilities	1,378)	1,109)	1,369)	1,058)	1,163)	1,018)	1,365)	1,001)	893)	694)	975)	657)	705)	661)	850)	604)	608)	484)	668)	442)	447)	371)
Current portion of deferred revenue	6,802)	6,737)	6,819)	5,457)	5,615)	5,700)	5,785)	4,440)	4,613)	4,742)	4,660)	3,491)	3,686)	3,850)	3,836)	2,949)	3,023)	2,994)	2,963)	2,274)	2,251)	2,215)
Current portion of operating lease liabilities	104)	103)	102)	106)	98)	92)	89)	91)	90)	97)	96)	89)	87)	87)	82)	82)	80)	77)	72)	68)	66)	61)
Current debt, net	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	88)	92)	93)	99)	—)	—)	—)	—)	—)
Current liabilities	8,495)	8,258)	8,358)	6,786)	7,172)	7,033)	7,365)	5,601)	5,767)	5,761)	6,005)	4,432)	4,743)	4,852)	4,949)	3,792)	3,908)	3,664)	3,737)	2,836)	2,849)	2,721)
Deferred revenue, less current portion	110)	117)	95)	77)	85)	100)	81)	46)	45)	53)	70)	63)	58)	57)	63)	53)	49)	50)	45)	38)	31)	40)
Operating lease liabilities, less current portion	815)	806)	687)	650)	669)	693)	707)	682)	635)	655)	650)	551)	572)	548)	556)	568)	427)	420)	423)	430)	436)	441)
Long-term debt, net, less current portion	1,490)	1,490)	1,489)	1,489)	1,488)	1,488)	1,488)	1,487)	1,487)	1,486)	1,486)	1,485)	1,485)	1,484)	1,484)	1,484)	1,483)	1,611)	1,640)	1,706)	696)	701)
Other long-term liabilities	209)	162)	145)	142)	127)	123)	118)	93)	63)	59)	56)	52)	50)	55)	51)	47)	45)	40)	35)	23)	30)	28)
Long-term liabilities	2,624)	2,575)	2,416)	2,358)	2,369)	2,404)	2,394)	2,308)	2,230)	2,253)	2,262)	2,151)	2,165)	2,144)	2,154)	2,152)	2,004)	2,121)	2,143)	2,196)	1,194)	1,210)
Total liabilities	11,119)	10,833)	10,774)	9,144)	9,541)	9,437)	9,759)	7,909)	7,997)	8,014)	8,267)	6,583)	6,908)	6,996)	7,103)	5,944)	5,912)	5,785)	5,881)	5,032)	4,043)	3,931)
Preferred stock, $0.001 par value; no shares issued or outstanding	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Common stock, $0.001 par value	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Treasury stock, at cost	(1,871)	(1,513)	(1,219)	(926)	(704)	(707)	(535)	(282)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Additional paid-in capital	8,513)	7,768)	7,402)	7,126)	6,770)	6,466)	6,131)	5,847)	5,485)	5,182)	4,796)	4,507)	4,186)	3,925)	3,665)	3,516)	3,298)	3,133)	2,974)	2,872)	2,712)	2,584)
Accumulated other comprehensive income (loss)	(49)	(70)	(68)	(20)	(78)	(68)	(37)	(157)	(91)	(70)	(102)	(172)	(100)	(16)	34)	48)	70)	56)	94)	52)	30)	(14)
Retained earnings (accumulated deficit)	4,339)	3,954)	3,494)	3,110)	2,678)	2,416)	2,069)	1,774)	1,532)	488)	338)	188)	108)	88)	(4)	(30)	(93)	(152)	(234)	(250)	(263)	(304)
Stockholders’ equity	10,932)	10,139)	9,609)	9,290)	8,666)	8,107)	7,628)	7,182)	6,926)	5,600)	5,032)	4,523)	4,194)	3,997)	3,695)	3,534)	3,275)	3,037)	2,834)	2,674)	2,479)	2,266)
Total liabilities and stockholders’ equity	22,051)	20,972)	20,383)	18,434)	18,207)	17,544)	17,387)	15,091)	14,923)	13,614)	13,299)	11,106)	11,102)	10,993)	10,798)	9,478)	9,187)	8,822)	8,715)	7,705)	6,521)	6,197)

The analysis of the quarterly financial data reveals several notable trends and shifts over the reported periods.

Accounts Payable: Accounts payable demonstrate significant volatility, with values fluctuating throughout the timeline. Initially, the amounts range moderately but spike notably in multiple quarters such as Mar 31, 2022, and Mar 31, 2025, peaking above 300 million USD at times, followed by sharp declines. This irregular pattern indicates variable payment schedules or procurement activities.
Accrued Expenses and Other Current Liabilities: This category exhibits a generally upward trend across the periods, increasing from 371 million USD in early 2020 to over 1300 million USD by mid-2025. The steady rise indicates growing obligations or operational costs being accrued over time.
Current Portion of Deferred Revenue: Deferred revenue, current portion, steadily increases with periodic fluctuations. Starting near 2200 million USD in early 2020, it consistently rises to over 6800 million USD by late 2025. This upward trend suggests strong revenue recognition in advance of delivery of services or goods, reflecting robust business activity.
Current Portion of Operating Lease Liabilities: Operating lease liabilities within the current portion show a modest but steady increase, moving from around 60 million USD to over 100 million USD by mid-2025, indicating possible increases in lease commitments over the years.
Current Debt, Net: Data for current debt is missing in most early periods but appears at 99 million USD in mid-2021, decreasing slightly in subsequent quarters before disappearing again. This suggests intermittent short-term borrowing obligations.
Current Liabilities: Total current liabilities generally increase significantly from approximately 2700 million USD in early 2020 to nearly 8500 million USD by mid-2025, despite some fluctuations. This rise reflects growth in short-term obligations consistent with expansions in accrued expenses and deferred revenue.
Deferred Revenue, Less Current Portion: The long-term portion of deferred revenue fluctuates around 30-60 million USD initially and rises modestly up to roughly 110 million USD in recent periods. This gradual increment complements the increase in the current portion, highlighting a growing balance of unrecognized revenue.
Operating Lease Liabilities, Less Current Portion: Long-term operating lease liabilities remain relatively stable, hovering between 400 and 800 million USD across the periods, with a slight increasing tendency indicating ongoing or expanded lease commitments.
Long-Term Debt, Net, Less Current Portion: Long-term debt levels jump sharply from below 700 million USD in early periods to around 1700 million USD by late 2020, then stabilize around 1480-1490 million USD through to mid-2025, signifying an elevated but steady long-term borrowing position.
Other Long-Term Liabilities: These liabilities show a general upward trend, starting below 30 million USD and increasing to over 200 million USD by mid-2025, indicating rising non-debt long-term obligations.
Long-Term Liabilities: The total long-term liabilities nearly double from about 1200 million USD early on to over 2600 million USD by mid-2025, reflecting overall growth in the company's long-term financial commitments.
Total Liabilities: Total liabilities exhibit a strong increasing trend over the entire period, rising from approximately 3900 million USD to above 11,000 million USD by mid-2025. This growth aligns with the observed increases in both current and long-term liabilities, suggesting expansion in obligations consistent with business growth or investment.
Treasury Stock: Reports of treasury stock commence from early 2023, showing a steady increase in cost from approximately -282 million USD to nearly -1900 million USD by mid-2025, implying active share repurchase or stock buyback activity during this timeframe.
Additional Paid-In Capital: This equity component increases consistently, moving from around 2580 million USD in early 2020 to over 8500 million USD by mid-2025, signaling ongoing capital infusion or value recognized from equity transactions.
Accumulated Other Comprehensive Income (Loss): This item fluctuates throughout the periods, with values swinging between modest gains and losses, typically within the range of -170 million USD to +90 million USD, showing no clear upward or downward trend but reflecting the impact of market-driven valuations and currency effects.
Retained Earnings (Accumulated Deficit): Retained earnings demonstrate a strong positive trend, moving from a deficit around -300 million USD in early 2020 to a positive balance exceeding 4300 million USD by mid-2025. This indicates consistent profitability and earnings retention.
Stockholders’ Equity: The total stockholders’ equity steadily grows from about 2200 million USD to over 10,900 million USD across the examined periods, reinforcing the trend of enhanced shareholder value and capital base expansion.
Total Liabilities and Stockholders’ Equity: The combined total mirrors the sum of liabilities and equity, rising from approximately 6200 million USD to more than 22,000 million USD, showing the overall growth in the company’s asset base and financial structure over time.

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ServiceNow Inc. (NYSE:NOW)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data